Cabana Target Leading Etf Performance
| CLSM Etf | USD 21.77 0.07 0.32% |
The etf shows a Beta (market volatility) of 0.73, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cabana Target's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cabana Target is expected to be smaller as well.
Risk-Adjusted Performance
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Cabana Target Leading are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Cabana Target is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | -0.84 |
Cabana |
Cabana Target Relative Risk vs. Return Landscape
If you would invest 2,136 in Cabana Target Leading on August 30, 2024 and sell it today you would earn a total of 41.00 from holding Cabana Target Leading or generate 1.92% return on investment over 90 days. Cabana Target Leading is currently generating 0.0327% in daily expected returns and assumes 0.7137% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of etfs are less volatile than Cabana, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Cabana Target Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cabana Target's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Cabana Target Leading, and traders can use it to determine the average amount a Cabana Target's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0458
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Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Cabana Target is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Cabana Target by adding it to a well-diversified portfolio.
Cabana Target Fundamentals Growth
Cabana Etf prices reflect investors' perceptions of the future prospects and financial health of Cabana Target, and Cabana Target fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Cabana Etf performance.
| Total Asset | 34.72 M | |||
About Cabana Target Performance
By examining Cabana Target's fundamental ratios, stakeholders can obtain critical insights into Cabana Target's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Cabana Target is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective primarily by allocating its assets among ETFs that invest in securities of companies in the various sectors of the U.S. market communication services, consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, real estate, and utilities. Cabana Target is traded on NYSEARCA Exchange in the United States.| The fund created three year return of -4.0% | |
| Cabana Target Leading holds all of the assets under management (AUM) in different types of exotic instruments |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cabana Target Leading. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of Cabana Target Leading is measured differently than its book value, which is the value of Cabana that is recorded on the company's balance sheet. Investors also form their own opinion of Cabana Target's value that differs from its market value or its book value, called intrinsic value, which is Cabana Target's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cabana Target's market value can be influenced by many factors that don't directly affect Cabana Target's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cabana Target's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cabana Target is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cabana Target's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.